Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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BDB Collaborates with GIA Alumni Mumbai

Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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U.S. Reiterates Suspension on Venezuela, CAR

New York: The U.S. Department of State published an update on participating countries and entities in the Kimberley Process Certification Scheme for the purposes of the Clean Diamond Trade Act of 2003. The latest revision follows an update from August 11, 2014 to reflect some changes to country trade bodies and to add Mali and to reiterate the suspension of

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Israel’s Find Your Diamond System is Live

Ramat Gan: Almost two weeks before the opening of the JCK Las Vegas show, the Israeli Diamond Industry is making diamond buying from Israel even more convenient, as the Israel Diamond Institute’s (IDI) Find Your Diamond system goes live today. The system, accessed at www.findyourdiamond.net enables buyers to search the full stocks of all of the close to 100 Israeli

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Zimbabwe Conducts Third Local Diamond Auction

Harare: Zimbabwe is conducting its third local diamond auction where over 400 000 carats are expected to go under the hummer. The first local auction was conducted last November in the capital following the seizure of Marange diamonds in Antwerp. NewsDay reports that the auction which began on 11 May was expected to end next Monday and a number of

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WFDB Calls for Further Debate on Over-Grading

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his support for the industry-wide debate on the issue of over-grading taking place. He said it will be one of the issues on the agenda of the Presidents Meeting, a biennial gathering of the leaders of the 30 Presidents of the WFDB-affiliated exchanges around the world and of

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